Environment Social & Governance (ESG) leads with the environment, and from that, much of it focuses on reducing greenhouse gas emissions, something that commercial real estate is striving to do as reports show buildings emit 40 percent of carbon, according to the US Green Building Council.
Apartment operator Veritas, based in San Francisco, has been ahead of the curve in planning and executing strategies that not only cut emissions but attract residents and investors.
The company has grown its portfolio of apartments and mixed-use multi-family considerably in recent years.
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